Arminfo Sil Insurance

Economist: Armenia already has preconditions to introduce life assurance Tuesday, October 13 2015, 21:34 ArmInfo. Armenia already has preconditions for introducing life assurance, Director of Institute of Economics and Business at the RAU, former Ministr of Economy, Dr. (Economics), Professor Edward Sandoyan told ArmInfo's correspondent.
Armenian Insurers Increasing Net Worth by 4.5% yoy with a 1.2% Quarter Decrease Friday, August 14 2015, 20:12 ArmInfo. As of Jul 1, 2015 the net worth of the 6 operating insurance companies in Armenia totaled 14.9 bln AMD with a 4.5% yoy growth. In Q2 the indicator decreased by 1.2%. By the Ranking of the Armenian insurance companies, prepared by ArmInfo News Agency, 87,6% or 13.1 bln AMD accounted for the registered capital in the net worth structure.
Armenian Insurers Assets down by 5.1% yoy and by 2.8% in Q2 Friday, August 14 2015, 19:24 ArmInfo. By Jul 1, 2015 insurance companies' assets totaled 39 bln AMD with 5.1% yoy fall. In Q2 the decrease indicator totaled 2.8%.
New Types of Compulsory Insurance to Develop Armenian Market Wednesday, June 17 2015, 16:24 Deputy CEO at Sil Insurance Company Levon Mamikonyan’s interview to ArmInfo News Agency specially for Xprimm magazine
Wages in Armenian insurance system down 8.8% over year Tuesday, May 26 2015, 09:28 In Q1 2015, the average monthly salary in the Armenian insurance system was 262.3 thsd AMD ($557), 8.8% less than in Q1 2014. The number of employees rose by 0.7% to 143.
In Q1 2015 all insurance companies of Armenia experienced decline in payouts Friday, May 22 2015, 19:06 In Q1 2015, the Armenian insurance companies' payouts in various classes of insurance totaled 3.237 bln AMD. As compared to Q1 2014, this index dropped by 40.9%. In the meantime, the premiums of the insurance companies fell by 8.8% to 9.416 bln AMD.
Armenian insurers reduced premiums by 8.8% and payouts by 40.9% over year Friday, May 22 2015, 17:49 The premiums of the Armenian insurance companies dropped by 8.8% over year amid 40.9% decline in payouts.
"Sil Insurance" Company Replenishing its Authorized Capital by 500 mln AMD Wednesday, May 20 2015, 18:02 "Sil Insurance" company has replenished its authorized capital by 500 mln AMD. The company's press-office has informed ArmInfo the decision was taken during the special meeting of the shareholders.
Armenian insurance companies assets down 5.3% over year Wednesday, May 20 2015, 10:18 By 1 April 2015, the aggregate assets of Armenian insurance companies amounted to 40.1 bln AMD (down 5.3% versus Q1 2014). As compared to Q4 2014, the insurers' assets grew by 0.8%. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information
Armenian Insurance Companies Reducing Tax Payments by 27.7% Tuesday, May 5 2015, 09:24 At Q1-end of 2015 the Armenian insurance companies have paid 457.4 million AMD taxes (including 437.7 million AMD income and profits taxes), which is by 27.7% less than a year ago.
Wages in Armenian insurance system drop 2.8% over year, with number of employees falling 4.2% Thursday, March 19 2015, 20:59 ArmInfo. At the yearend of 2014, the average monthly salary in the Armenian insurance system made up 273.5 thsd AMD ($576) per employee, 2.8% less than in 2013. The number of employees dropped by 4.2% to 1,149. According to the Ranking of Insurance Companies of Armenia by the Agency of Rating
Retail insurance market capacity shrinks by 23.7% over year amid 13.4% growth in corporate insurance Thursday, March 19 2015, 18:55 ArmInfo. At the yearend 2014, retail insurance in the Armenian insurance companies' portfolios of premiums made up 62.2% (18.7bn AMD), with corporate insurance being 37.8% (11.4bn AMD). According to the Ranking of Insurance Companies of Armenia by the Agency of Rating Marketing Information (ArmI
Net profits of Armenian insurance companies for 2014 totals 2.2026 bln drams Friday, March 13 2015, 20:22 ArmInfo. Net profits of the Armenian insurance companies for 2014 totaled 2.026 bln drams versus 705.6 mln drams in 2013. In Q4 2014, this indicator totaled 1.316 mln drams with a 99.8% decline versus Q3. According to the Ranking of Armenian Insurance Companies prepared by ArmInfo News Agenc
Accumulated profits of Armenian insurance companies up 5.5-fold for 2014 Friday, March 13 2015, 19:34 ArmInfo. The accumulated profits of the Armenian insurance companies totaled 1.834bln drams in 2014 versus 331.8 bln drams in 2013, with a 5.5-fold growth year over year. The accumulated profits of the Armenian insurance companies for Q4 2015 fell 5.5%. According to the Ranking of the Armenian
Armenian Insurance Companies Reduced Their Assets by 7.5% in 2014 Friday, March 13 2015, 17:43 ArmInfo. As of January 2015 the total assets of the Armenian insurance companies (IC) reduced by 7.5% and made 40.6 billion AMD. In Q3 2014 the assets reduced by 3.8%. According to "ArmInfo" News Agency's ranking of the Armenian ICs, three of six insurance companies had an annual decrease of
In Jan-Sept 2014 average salary in Armenia Thursday, December 25 2014, 10:10 ArmInfo. In Jan-Sept 2014 the average monthly salary in Armenia's insurance companies dropped by 6.4 to 254,700 AMD or 625. According to ArmInfo's Ranking of Insurance Companies of Armenia, Sil Insurance raises its average salary by 25.8 to 181,700 AMD but cut its staff by 3.4 to 201 employees.
Insurance companies of Armenia report 6.1% increase in policies for Q3 2014 Wednesday, December 24 2014, 20:54 ArmInfo. Armenian insurance companies provided 244,201 policies for Q3 2014, showing a 6.1% increase versus the same period of 2013. The number of valid insurance policies grew 1.6% to 628,202 as of 1 October 2014. According to the Ranking of Armenia's Insurance Companies prepared by ArmInfo
In Jan-Sept 2014 retail insurance dropped by 29.5% while corporate insurance grew by 20% Wednesday, December 24 2014, 19:58 ArmInfo. In Jan-Sept 2014 the share of retail insurance in the premiums of Armenia's insurance companies made up 61% or 13.9bln AMD, while that of corporate insurance made up 39% or 8.9bln AMD. According to ArmInfo's Ranking of Insurance Companies of Armenia, in Jan-Sept 2014 retail insurance
In Jan-Sept 2014 compensation of Armenian insurance companies grew by 36.9% Wednesday, December 24 2014, 19:38 ArmInfo. In Jan-Sept 2014 the aggregate compensation of Armenia's insurance companies grew by 36.9% to 18bln AMD. The premiums during the same period dropped by 16% to 22.8bln AMD. According to ArmInfo's Ranking of Insurance Companies of Armenia, three companies registered growth in compe
In Jan-Sept 2014 premiums of Armenian insurance companies dropped by 16% Wednesday, December 24 2014, 19:09 ArmInfo. In Jan-Sept 2014 the premiums of Armenia's insurance companies dropped by 16% to 22.8bln AMD, while their compensation grew by 36.9% to 18bln AMD. As a result, in Jan-Sept 2014 the companies registered 2.3bln AMD net profit against 339.7mln loss a year before. According to ArmIn

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